LITECOIN - LTC/BTC - 1H - Technical analysis published on 07/16/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
39%
39%
22%
My opinion
Bearish under 0.004628 BTC
My targets
0.004492 BTC (-2.07%)
My analysis
The bearish trend is currently very strong for LITECOIN - LTC/BTC. As long as the price remains below the resistance at 0.004628 BTC, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.004492 BTC. The bearish momentum would be revived by a break in this support. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.1
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The LITECOIN - LTC/BTC rating is 0.004587 BTC. On the day, this instrument lost -2.61% with the lowest point at 0.004503 BTC and the highest point at 0.004714 BTC. The deviation from the price is +1.87% for the low point and -2.69% for the high point.0.004503
0.004714
0.004587
Here is a more detailed summary of the historical variations registered by LITECOIN - LTC/BTC:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of LITECOIN - LTC/BTC indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.004492 | 0.004587 | 0.004628 | 0.004671 | 0.004717 |
| Change (%) | -2.07% | - | +0.89% | +1.83% | +2.83% |
| Change | -0.000095 | - | +0.000041 | +0.000084 | +0.000130 |
| Level | Major | - | Minor | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004590 | 0.004630 | 0.004670 | 0.004710 | 0.004750 | 0.004790 | 0.004830 |
| Camarilla | 0.004688 | 0.004695 | 0.004703 | 0.004710 | 0.004717 | 0.004725 | 0.004732 |
| Woodie | 0.004590 | 0.004630 | 0.004670 | 0.004710 | 0.004750 | 0.004790 | 0.004830 |
| Fibonacci | 0.004630 | 0.004661 | 0.004679 | 0.004710 | 0.004741 | 0.004759 | 0.004790 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004308 | 0.004430 | 0.004635 | 0.004757 | 0.004962 | 0.005084 | 0.005289 |
| Camarilla | 0.004749 | 0.004779 | 0.004809 | 0.004839 | 0.004869 | 0.004899 | 0.004929 |
| Woodie | 0.004349 | 0.004451 | 0.004676 | 0.004778 | 0.005003 | 0.005105 | 0.005330 |
| Fibonacci | 0.004430 | 0.004555 | 0.004632 | 0.004757 | 0.004882 | 0.004959 | 0.005084 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.003741 | 0.004082 | 0.004294 | 0.004635 | 0.004847 | 0.005188 | 0.005400 |
| Camarilla | 0.004354 | 0.004405 | 0.004455 | 0.004506 | 0.004557 | 0.004607 | 0.004658 |
| Woodie | 0.003677 | 0.004050 | 0.004230 | 0.004603 | 0.004783 | 0.005156 | 0.005336 |
| Fibonacci | 0.004082 | 0.004293 | 0.004424 | 0.004635 | 0.004846 | 0.004977 | 0.005188 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 36.08 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -25.155760 | |
| AROON (14): | -35.714286 | |
| DEMA (21): | 0.004605 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.004634 | |
| Elder Ray (13): | -0.000011 | |
| Super Trend (3,10): | 0.004673 | |
| Zig ZAG (10): | 0.004613 | |
| VORTEX (21): | 0.8582 | |
| Stochastique (14,3,5): | 50.24 | |
| TEMA (21): | 0.004590 | |
| Williams %R (14): | -48.82 | |
| Chande Momentum Oscillator (20): | -0.000083 | |
| Repulse (5,40,3): | 0.1359 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0784 | |
| Courbe Coppock: | 4.35 |
| MA7: | 0.004747 | |
| MA20: | 0.004658 | |
| MA50: | 0.004691 | |
| MA100: | 0.005022 | |
| MAexp7: | 0.004609 | |
| MAexp20: | 0.004642 | |
| MAexp50: | 0.004683 | |
| MAexp100: | 0.004717 | |
| Price / MA7: | -3.37% | |
| Price / MA20: | -1.52% | |
| Price / MA50: | -2.22% | |
| Price / MA100: | -8.66% | |
| Price / MAexp7: | -0.48% | |
| Price / MAexp20: | -1.18% | |
| Price / MAexp50: | -2.05% | |
| Price / MAexp100: | -2.76% |
Quotes :
2020-07-16 16:38:54
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Real time data
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Cryptocompare
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